Z/Yen Group and Busan Metropolitan City (November 2014), 18 pages.
Commissioned by Busan Metropolitan City, this special report provides an overview of the maritime sector including major ports and related maritime financial centres. Global trade growth drives global shipping growth. It is quite clear that Asia, and in particular China, now leads in terms of the number and size of ports. And shipping and trade require finance. As expected, leading ports generally tend to be major financial centres too. The report concludes that the five leading Asian shipping centres, Shanghai, Singapore, Hong Kong, Shenzhen and Busan, will expand their maritime financial business.